New Delhi: Contrary to popular belief, the largely unorganized and underserved MSME sector turned out to be a better bet for lending, than large corporates. At a NPA rate of 12.5% they were significantly better than large corporates who had a NPA rate of 19.7%. The total lending of ₹64.45 lakh crore (as of January…
Bhubaneswar: The central government has announced that the agricultural and MSMEs will get 3 lakh crores of loan to revive their businesses. The MSMEs which have been facing losses will get Govt aids.The cabinet minister Prakash Jawdekar has said this in a press brief after the cabinet committee meeting. The fisheries will get twenty thousand crores…
New Delhi : Punjab National Bank, India’s second largest public sector lender, today conducted a live webinar titled “Mega MSME Outreach” to connect with its MSME customers across the country and to address their challenges in the face of COVID-19 pandemic. An important objective of the webinar was to educate its customers across the nation…
